Forex Trader News

You might be foreign to the new term forex trading robots that is making rounds of the market due to its unusual working capacity and ease of operation. These trading robots are nothing but online software’s that manage the forex trading of the user according to his choices. This is a step ahead in new [...]

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In the midst of the global economic recession, the price of gold is on a steady rise in 2011, to be more specific. In addition to this, the Iranian coins have increased in value and instead of selling off and cashing in those coins for a profit; the Iranians continue to buy them even more. [...]

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The value of Euro declined against the USD in a back to back session making China to hike the interest rate issue which will make the investors to cover up the exposure to assets declared as risky in such a market situation in which credit ratings of Portugal were declared as junk investment by Moody’s. [...]

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Under fair trading situations, the AUD has managed to come around the USD to 1.0700 in previous days. The markets of US were closed on Monday in the course of the Independence Day, but prior to this the Wall Street experienced the strongest two weeks in a period of two years because of Dow Jones [...]

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The Forex market showed a decline by 5 paisa in the value of Rupee against dollar after touching a two month high rate against the US dollars. On Wednesday, the ruppee closed at a rate of 44.48/49 showing a 5 paisa reduction from the previous 44.30. Sources say, that the situation arised due to the [...]

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Another day at the forex marked a rise in the value of USD as against the Taiwanese dollar. The US dollar is said to gain NT$0.05 to make a closure at NT$28.851. The situation took place after renewed concerns of the debt issue in Europe soon after Moody’s declaration of Portugal’s credit ratings to be [...]

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The latest happening on the Interbank Foreign Excahnge is the disappointing retail sales of the Austrailian dollar. Although, no change is expected in the situation, however, the RBA decision is yet to be taken and will monitored closely so as to get signs whether the  RBA is concerned about the inflation issue or not.   [...]

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At a time when Forex trading has remained very unpredictable, this has been one of the best weeks for the Euro with Greece accepting its austerity bail-out.  Amidst the wind-fall South African Rand suffered tremendous weakening.   Both the Euro and the US Dollar have gained and lost due to Greece’s uncertain financial set-back over the [...]

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